🗞️ Tattoos by AI

Tattoo artists say a growing share of customers are turning up with AI-generated designs, and at some studios it's as many as 3 in 4 enquiries.

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Good morning. Tattoo artists say a growing share of customers are turning up with AI-generated designs, and at some studios it's as many as 3 in 4 enquiries.

The problem is the images are often impossible to actually tattoo, with too much fine detail to hold over time, spelling mistakes, and the odd giveaway like a hand with six fingers.

As one artist put it, AI was meant to handle the boring jobs so we had more time for art, but it's ended up doing the art instead.

All the headlines and more below...

SYDNEY AND MELBOURNE LISTINGS DOWN 16% IN JULY AS BRISBANE, PERTH AND ADELAIDE SURGE 13%

REA Group reported listings in Sydney and Melbourne dropped 16% in July, while Brisbane, Perth and Adelaide rose as sellers rushed to list before what they expect is the market peak.

The shift marks a reversal from the end of the financial year, when REA saw a strong close that lifted full-year revenue to $1.8B, up 7%, and underlying profit to $650M, up 15% excluding its India business. Net profit came in at $552M, down 19%, because of a $111M impairment after REA sold its India operations last month.

Auction volumes in capital cities fell around 20% in July according to separate data sources. REA shares rose more than 2% on Thursday after the results were announced.

AUSTRALIAN NEWS

  • A Federal Court judge has intervened in a delay over payouts to 1,800 unlawfully sacked Qantas workers, who are awaiting shares of a $120M compensation fund and $40M penalty. LINK

  • More than 13,000 people have signed a GetUp! petition urging Kmart to stop selling $89 Anko smart glasses over fears they enable hands-free video recording of bystanders without consent. LINK

CBA FACES UNION FIGHT OVER APPS THAT TRACK WORKER LOCATIONS AND TEAMS PARTICIPATION

The Finance Sector Union is pushing the Commonwealth Bank to limit workplace surveillance tools that track when employees leave their desks while working from home, monitor their movements around the office and measure participation levels in Teams meetings. The demand is part of enterprise agreement negotiations covering 35,000 CBA staff and could set the standard for surveillance limits across the banking sector and white-collar workplaces more broadly.

The union wants CBA to commit to using surveillance only where necessary for worker and public safety. It argues AI has dramatically increased employers' ability to monitor staff. The tools in question include apps that log location data within office buildings, track time away from keyboards during remote work and analyse engagement in virtual meetings.

State governments are moving to regulate the technology. NSW's AI safety rules take effect soon. Victoria announced workplace surveillance laws last month. If CBA agrees to strict limits, other banks and corporate employers are expected to face similar demands when their own agreements come up for renewal.

COMPANY NEWS

  • Qantas and the Australian and International Pilots Association have reached broad in-principle agreement on a new long-haul enterprise deal after 76% to 88% of pilots backed industrial action. LINK

  • David Jones has angered suppliers and raised doubts over its turnaround as new CEO Erica Berchtold seeks a 20-week repayment plan despite refinancing a loan above $200M. LINK

  • Moderna has gained FDA approval for mFlusiva, the first mRNA flu vaccine for adults aged 50 or older, which will be available soon at select retailers. LINK

  • Amazon has launched its new generative AI assistant Alexa+ in Australia as a more conversational, personalised smart home hub that uses multiple AI models via its Bedrock cloud platform. LINK

  • Warner Bros Discovery missed Q2 revenue expectations as studio revenue slumped 39% on weak box-office and lost NBA advertising, while UK regulators cleared its planned US$110B Paramount merger. LINK

  • AMP posted a strong half-year result driven by $3.1B of net inflows into its platform and the first positive superannuation cash flow since 2017, while announcing a further $150M share buyback. LINK

  • Diageo has outlined a turnaround plan to double Guinness production and cut a significant share of its 30,000 jobs after sales declined. LINK

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ONE MORE SCROLL

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BRAINTEASER

There are a certain number of people on a train. 19 people get off the train at the first stop. Then, 17 people get on the train. Now there are 63 people on the train. How many people were on the train to begin with?


Answer below

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ANSWER

65 people were on the train to begin with.


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